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Dec 5, 2012 4:00am EST
the white house and republicans over the fiscal cliff have ran to something of a holt. john boehner dealing with division in the gop's ranks to his bung budget plan. another shanghai surprise. china's mainland market surge nearly 3%. more austerity. plus, austerity measures are hitting european consumers. retail sales in october fall much more than expected. september also revised sharply to the downside. >>> it was a flat day really for european stocks, slightly negative for u.s. stocks yesterday. we are a little bit higher. the dow is currently some 43 points above fair value. the nasdaq is around four points above fair value. the s&p 500 at the moment is around about four points above fair value. european stocks are up half a percent earlier. we have come off those highs. eurozone pmis a little bit better than expected. but still deeply in contraction territory. uk services pmis dipped weaker than expected. the ftse up a quarter a percent. the ibex up around .2. also dragged down by disappointing retail sales. that's where we stand right now ahead of the u.s. open. what are investors to
Dec 11, 2012 4:00am EST
of washington, will or won't lawmakers reach a budget deal? >>> can investors trade the fiscal cliff or are we going to ride it out for the rest of the year? we'll get one inside perspective, next. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. >>> european markets are firmer right now after thin gains. yesterday, the ftse up near nearly .8el%. and the ibex up nearly .8%. we're pretty much at the high for the year, 52-week high and up nearly 28% for the year. >> much better than you might think with the news flow. >> yeah. >> let's take a quick look at what's on the agenda in the u.s. gap is expected to widen to just over $42 billion. at 10:00, it's october wholesale trade with inventories expected to rise .4%. just one major name, dollar general is due before the opening bell. good read there on the u.s. consumer. here is a quick look at future. up about 48 points for the dow on the team bei
Search Results 0 to 1 of about 2